Common use of Conditions to All Disbursements Clause in Contracts

Conditions to All Disbursements. In addition to the requirements of Section 7.06 with respect to the initial disbursement for each construction contract that is entered into with respect to the Project, the obligation of the Department to fund the initial and all subsequent disbursements of the purchase price of the Bond is subject to the satisfaction of the following further conditions:‌

Appears in 1 contract

Samples: Loan and Pledge Agreement

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Conditions to All Disbursements. In addition to the requirements of Section 7.06 with respect to the initial disbursement for each construction contract that is entered into with respect to the Project, the obligation of the Department to fund the initial and all subsequent disbursements of the purchase price of the Bond Bonds is subject to the satisfaction of the following further conditions:‌

Appears in 1 contract

Samples: Loan and Pledge Agreement

Conditions to All Disbursements. In addition to the requirements of Section 7.06 with respect to the initial disbursement for each construction contract that is entered into with respect to the Project, the obligation of the Department to fund the initial and all subsequent disbursements of the purchase price of the Bond is subject to the satisfaction of the following further conditions:‌conditions:

Appears in 1 contract

Samples: Loan and Pledge Agreement

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Conditions to All Disbursements. In addition to the requirements of Section 7.06 with respect to the initial disbursement for each construction contract that is entered into with respect to the Project, the obligation of the Department to fund the initial and all subsequent disbursements of the purchase price of the Bond Bonds is subject to the satisfaction of the following further conditions:‌conditions:

Appears in 1 contract

Samples: Loan and Pledge Agreement

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